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American Airlines' profit beats expectations

Fare rise, lower fuel costs and strong demand trends push up its shares by 4%
Thursday, January 30, 2014 - 06:00
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Merger benefits: American plans to improve Q4 results by combining operations with US Airways after the recent merger. A new reservations system will allow customers to book flights on both airlines. - PHOTO: BLOOMBERG

[FORT WORTH, Texas] American Airlines Group, the world's biggest carrier following a merger with US Airways last year, reported better-than-expected adjusted profit and revenue as fares climbed and fuel costs fell, sending its shares up more than 4 per cent. The carrier, the result of a union of